Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $17,688.
Over the past 12 months, Pike County's residents have collectively paid a total of $268,014 in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.
Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| August | $18,809 | 6.3 |
| July | $17,688 | -19 |
| June | $21,833 | 2.5 |
| May | $21,294 | 14.3 |
| April | $18,628 | -8 |
| March | $20,254 | -17.5 |
| February | $24,557 | -7.8 |
| January | $26,647 | -10.1 |
| December 2023 | $29,633 | 30.9 |
| November 2023 | $22,644 | -18.9 |
| October 2023 | $27,906 | 54 |
| September 2023 | $18,121 | -12.2 |
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